C
US Fire Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair profitability index (4.7 on a scale of 0 to 10) with operating losses during 2020. Good long-term capitalization index (6.5) based on good current risk adjusted capital (severe loss scenarios). Moreover, capital has steadily grown over the last five years. Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Ample reserve history (8.0) that can protect against increases in claims costs. Excellent overall results on stability tests (9.2). Stability strengths include excellent operational trends, good risk adjusted capital for prior years and excellent risk diversification.
Stability Factors: C - Past results on our Risk-Adjusted Capital tests.
Principal Lines of Business: Personal/comm auto (12.1%), comm multi (8.3%), fire (4.4%), fin guar/surety (4.1%), product liab. (3.6%), work comp (2.8%), other (64.6%)
Licensed in: All states and GU, PR, VI
Principal Investments: Common stock (41.0%), investment grade bonds (20.4%), cash (3.2%), non investment grade bonds (2.9%), preferred stock (2.3%), real estate (1.3%), other (28.9%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
Fairfax Financial Holdings Limited
Investment Rating
--
Company Address
305 Madison Avenue
Morristown, NJ 07960
Phone Number
(973) 490-6600
NAIC Number
21113
Largest Affiliates
B
Stamford, CT - P&C
B
New York, NY - P&C
B
B
New York, NY - P&C
C
Morristown, NJ - P&C